According to the ICSC, holiday shoppers are planning to spend more than $700 on gifts this year — the most since 2018.

The Merchant Payments Coalition estimates that swipe fees have increased by 50% since the pandemic, and hit a record $172 billion in 2023.

Temu and Shein's viability in the U.S. could rely on whether Biden or Trump opt for meaningful changes to de minimis rules in the coming months.

Over the course of his campaign, Trump vowed to implement tariffs on Chinese imports between 60% and 100%, in addition to 10-20% tariffs on all other imports.

The Greater Vancouver Board of Trade estimates that more than $600,000 million worth of trade has been disrupted in just the first 18 hours of the West Coast work stoppage.

The World Trade Organization estimates the global cost of food fraud to be anywhere between $30 billion and $50 billion each year.

The brief strike by East and Gulf Coast dockworkers brought to the fore the ongoing controversy about automation at U.S. ports, and its ultimate impact on human workers.

As negotiations between the ILA and USMX continue, the issue of automation at ports remains a point of contention.

The ILA halted negotiations with the USMX in June, after discovering that a handful of ports were using automated systems to check in trucks.

If East and Gulf Coast ports are forced to shut down, the U.S. could see inventory shortages, higher costs at grocery stores, and months-long container backlogs.